Comments on: Revolutionary Angels Defends Business Plan Competition Amidst Widespread Criticism http://www.xconomy.com/boston/2009/11/30/revolutionary-angels-defends-business-plan-competition-amidst-widespread-criticism/ Business + Technology in the Exponential Economy Sat, 11 Feb 2012 03:54:18 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Revolutionary Angels – Round II | Seth Levine http://www.xconomy.com/boston/2009/11/30/revolutionary-angels-defends-business-plan-competition-amidst-widespread-criticism/comment-page-1/#comment-117578 Revolutionary Angels – Round II | Seth Levine Wed, 24 Mar 2010 16:22:59 +0000 http://www.xconomy.com/?p=52498#comment-117578 [...] technology magazine Xconomy wrote an article yesterday that focused on the controversy surrounding Boston based Revolutionary Angels – the angel [...] [...] technology magazine Xconomy wrote an article yesterday that focused on the controversy surrounding Boston based Revolutionary Angels – the angel [...]

]]> By: Mark http://www.xconomy.com/boston/2009/11/30/revolutionary-angels-defends-business-plan-competition-amidst-widespread-criticism/comment-page-1/#comment-100627 Mark Mon, 21 Dec 2009 20:11:42 +0000 http://www.xconomy.com/?p=52498#comment-100627 Wow, $5000 to evaluate just a business plan. The nonprofit I work for, Winning Workplaces, does an annual small business competition where we evaluate many aspects of the workplace culture and business metrics -- everything from # employees and % minorities, to benefits offerings and leadership development -- and we're charging only $100 for a comprehensive 7-page online application. Granted, the prize in our case is being featured in Inc. Magazine, and not cash, but that still seems unattainable for the vast majority of startup or pre-startup phase entrepreneurs. Thanks for posting this. Wow, $5000 to evaluate just a business plan. The nonprofit I work for, Winning Workplaces, does an annual small business competition where we evaluate many aspects of the workplace culture and business metrics — everything from # employees and % minorities, to benefits offerings and leadership development — and we’re charging only $100 for a comprehensive 7-page online application. Granted, the prize in our case is being featured in Inc. Magazine, and not cash, but that still seems unattainable for the vast majority of startup or pre-startup phase entrepreneurs. Thanks for posting this.

]]> By: alan shimel http://www.xconomy.com/boston/2009/11/30/revolutionary-angels-defends-business-plan-competition-amidst-widespread-criticism/comment-page-1/#comment-95549 alan shimel Wed, 02 Dec 2009 02:36:10 +0000 http://www.xconomy.com/?p=52498#comment-95549 While I don't necessarily agree with this model, all of the VCs gnashing their teeth about the injustice to the poor entrepreneur is not doing it. Ultimately the market will determine if this is a viable model with customers who are getting enough value to buy the 5k lottery ticket. I have written more at my blog http://www.ashimmy.com/2009/12/is-there-room-for-another-model-in-the-vc-investment-world.html While I don’t necessarily agree with this model, all of the VCs gnashing their teeth about the injustice to the poor entrepreneur is not doing it. Ultimately the market will determine if this is a viable model with customers who are getting enough value to buy the 5k lottery ticket. I have written more at my blog http://www.ashimmy.com/2009/12/is-there-room-for-another-model-in-the-vc-investment-world.html

]]> By: seth http://www.xconomy.com/boston/2009/11/30/revolutionary-angels-defends-business-plan-competition-amidst-widespread-criticism/comment-page-1/#comment-95506 seth Tue, 01 Dec 2009 16:02:12 +0000 http://www.xconomy.com/?p=52498#comment-95506 I've posted some thoughts on Hurley's response over on my blog: http://fndry.gr/790Z I’ve posted some thoughts on Hurley’s response over on my blog: http://fndry.gr/790Z

]]> By: Jason Mendelson http://www.xconomy.com/boston/2009/11/30/revolutionary-angels-defends-business-plan-competition-amidst-widespread-criticism/comment-page-1/#comment-95382 Jason Mendelson Mon, 30 Nov 2009 17:23:25 +0000 http://www.xconomy.com/?p=52498#comment-95382 Talk is cheap - not worth $5000. There are plenty of VCs, Angels and experts in the startup ecosystem who are willing to give all of this advice for free, or in the case of groups like Techstars pay the team to give this type of advice in exchange for a small founders share of equity. This isn't a new model - it's been around for years and a rip off is still a rip off. Talk is cheap – not worth $5000. There are plenty of VCs, Angels and experts in the startup ecosystem who are willing to give all of this advice for free, or in the case of groups like Techstars pay the team to give this type of advice in exchange for a small founders share of equity. This isn’t a new model – it’s been around for years and a rip off is still a rip off.

]]> By: Drew Hession-Kunz http://www.xconomy.com/boston/2009/11/30/revolutionary-angels-defends-business-plan-competition-amidst-widespread-criticism/comment-page-1/#comment-95371 Drew Hession-Kunz Mon, 30 Nov 2009 16:20:02 +0000 http://www.xconomy.com/?p=52498#comment-95371 They've "been there, done that", but didn't earn enough money to actually invest. Why would I want their advice? Besides, there are plenty of people giving out cheap advice. Get a board. Get some business acquaintances. Get a plan and execute. They’ve “been there, done that”, but didn’t earn enough money to actually invest. Why would I want their advice?

Besides, there are plenty of people giving out cheap advice. Get a board. Get some business acquaintances. Get a plan and execute.

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